US Speaker of the House Mike Johnson, Republican from Louisiana, speaks during a news conference after a House Republican conference meeting on Capitol Hill in Washington, DC on June 4, 2025. Saul Loeb | Afp | Getty Images Republicans’ One Big Beautiful Bill Act could result in higher monthly payments for many federal student loan … Read more
No matter where you look, there have been significant losses in global markets, but they have not been distributed evenly. The S & P 500 closed Friday with a market capitalization of $42.99 trillion, a two-day loss of $5.06 trillion or 10.5% compared to its market capitalization Wednesday night, when President Trump raised U.S. tariffs … Read more
The S & P 500 is inches away from a decline of 20% from its recent closing high on February 19. This, we are told, would constitute a “bear market.” But who decided that a drop of 20% was a “bear market?” For that matter, who decided a drop of 10% was a “correction?” If you … Read more
Google parent company Alphabet is among a handful of stocks that could surprise to the upside when it reports earnings later this month, according to FBB Capital Partners director of research Mike Bailey. Alphabet stock was one of three companies that Bailey said he is watching on ” Power Lunch ” on Friday. Danaher Danaher … Read more
U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC. Matt McClain | The Washington Post | Getty Images President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known … Read more
With higher prices now firmly entrenched, and President Donald Trump’s tariffs fueling inflationary concerns, most Americans say they need an income boost to get by, according to a new report. Nearly half, or 45%, of all adults said they would need to make $100,000 or more a year to feel financially secure, Bankrate’s financial freedom … Read more
It was another weekend of head-spinning news, but we are no closer to figuring out what the right level should be for stocks. The good news is that while President Donald Trump has a higher pain threshold than most thought, there is a pain threshold, and the tariff exemption on the electronics industry means that … Read more
A drone view shows flooded houses, following torrential rains that unleashed flash floods along the Guadalupe River in San Angelo, Texas, on June 4, 2025, in this screen grab obtained from a social media video. Patrick Keely | Patrick Keely Via Reuters ‘Every home can be exposed’ Texas is one of the most flood-prone areas … Read more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares advanced nearly 12% before the opening bell after the airline reinstated its 2025 profit outlook , and second-quarter revenue and net income exceeded analyst estimates. Brazilian stocks — The iShares MSCI Brazil ETF (EWZ) dropped nearly 2% premarket after President Donald … Read more
Check out the companies making the biggest moves midday: MP Materials — The rare earth miner soared more than 47% after the company announced the Defense Department would buy $400 million in preferred stock . “We remain a thriving public company. We now have a great new partner in our economically largest shareholder, DoD, but … Read more
